Mr. Paul Stanley:

I have discussed this before and the reasons behind it. There is a moral hazard created for those customers doing their utmost to pay down their individual loans. Why should one portion of customers get a write-down just because of their particular circumstances. I am not focusing on individuals. Another portion of our customer base would have made every effort, in very difficult circumstances, to continue to repay their loans so why would they not be entitled to a write-down. That is where this would end up.